$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were ‘Unauthorized’

$1.7M in Quadrigacx Bitcoins Move, Court Trustee EY Says Transfers Were 'Unauthorized'On Dec. 19, the Twitter account Zachxbt revealed he discovered five cold wallets from the now-defunct Quadrigacx crypto exchange move 104 bitcoin. The following day, ‘big four’ accountancy firm EY, Quadrigacx’s bankruptcy court trustee, explained it did not authorize the spending of the funds and that prior reports detailed that the cold wallets were inaccessible […]

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Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer Operator

Report: US Department of Justice Files $60 Million Lawsuit Against Bitcoin Mixer OperatorThe United States Department of Justice recently filed a lawsuit to recover $60 million that was imposed on Larry Harmon, the operator of a bitcoin mixing service targeted by U.S. law enforcement in 2020. According to U.S. authorities, Harmon had operated an unlicensed money-transmitting business. Violation of the Bank Secrecy Act The United States Department […]

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Founder of the Bitcoin Mixer Helix Pleads Guilty to Money Laundering Charges

Larry Dean Harmon, founder and operator of the bitcoin mixing service Helix has pleaded guilty on Wednesday to money laundering charges. Harmon’s guilty plea follows the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) fining Harmon $60 million last year. Helix Operator Pleads Guilty to Money Laundering, Conspiracy Charges According to several reports and a court-issued […]

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Alleged Bitcoin Fog Operator Arrested for Money Laundering, Admin Accused of Mixing 1.2 Million BTC

Alleged Bitcoin Fog Operator Arrested for Money Laundering, Admin Accused of Mixing 1.2 Million BTCU.S. law enforcement arrested the alleged operator of Bitcoin Fog, Roman Sterlingov in Los Angeles on Tuesday. Documents show Sterlingov is accused of laundering over 1.2 million bitcoin via the Bitcoin Fog mixer, a tool that allows users to mix transactions together. According to federal investigators, Sterlingov ran the operation for ten years and processed […]

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Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture Processing

Report Claims the FBI Uses Bitcoin Mixers During BTC Forfeiture ProcessingOver the last eight years, U.S. law enforcement has seized a great number of bitcoins and at one time, the Federal Bureau of Investigation (FBI) held one of the largest bitcoin wallets after the Silk Road takedown. A recently published report shows the FBI has started using cryptocurrency mixing applications in recent times in order […]

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The Most Reliable Bitcoin Mixer BitMix.Biz – Your Fast Crypto Security in 2020

The Most Reliable Bitcoin Mixer BitMix.Biz - Your Fast Crypto Security in 2020The one who called himself Satoshi Nakomoto, created cryptocurrency so that anyone can keep their financial life untouchable and protected from the interference of others. However, requirements of customer disclosure put these principles at risk and ordinary users under threat of theft, extortion, and even kidnapping by bandits. Find out how you can protect yourself […]

The post The Most Reliable Bitcoin Mixer BitMix.Biz – Your Fast Crypto Security in 2020 appeared first on Bitcoin News.

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4 Thoughts on the Newly Launched Bitcoin Mixer MyBitmix

TheMerkle BitMixer Shuts DownGiven all of the recent drama and developments affecting the Bitcoin mixer industry, one has to wonder if there is even a future for this particular business model. The team over at MyBitmix seems to think so, albeit users will often remain hesitant to try new services. It is also one of the few mixers which can be accessed with or without the Tor browser, which seemingly raises some suspicions. Always conduct your own research prior to using any third-party services. Clearnet and Tor Access It is not exactly common for a Bitcoin mixer to be accessible without the Tor

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